News
Singapore ranks fifth globally for new luxury store openings
Singapore ranks fifth globally for new luxury store openings
Shanghai, Beijing, and Tokyo claimed the top three spots, with Hong Kong placing ninth.
UNDP, Trigger to boost SDG startup investments in landmark deal
It seeks to improve the efficiency, transparency, and accessibility of capital flows to mission-driven ventures.
RHB expects Singapore inflation to stay muted through 2025
The report forecasts headline inflation at 1.6% and core inflation at 1.1% for the year.
Microsoft: 81% of workers lack time, energy for tasks
In return, companies are rapidly turning to AI agents.
Tripartism remains bedrock of SG’s progress: Manpower minister
From 2019 to 2024, real wages at the 20th percentile grew 5.8%, outpacing median wage growth.
First Sponsor Group posts $2.7b hotel income with European portfolio
Revenue dropped 3.2% YoY.
Re-centering of Singapore dollar policy band possible later in 2025, says analyst
Weak inflation and growth could push MAS to shift the currency band lower later this year.
ESR, STACK form JV to build 72 MW data center in Kansai
Construction of the first 18 MW building has commenced.
WFS and partners unveil $352m cargo terminal at JFK airport
This is JFK’s first new cargo terminal in three decades.
IHH Healthcare and UOB ink $300m sustainability-linked loan
This financing is the bank’s first in the health sector.
Amara receives $0.895 per share buyout offer
The offer represents a 27.0% premium over Amara’s last traded price.
Manulife SG unveils indexed universal life solution for wealth preservation
It promises 0% return floor for downside protection.
LMIR Trust NPI slips in Q1
Gross revenue also grew by 4.9% to $49.9m.
COTD: Auction listings up by 7.1% QoQ in Q1
The overall auction listings in the quarter were made up of more mortgagee sales.
COTD: Mortgagee sale listings rise in Q1 driven by residential segment
It consisted of 32 non-landed homes and five landed residences.
Freehold bungalow on Swiss Club Road up for sale at $18.5m
The site offers privacy and flexibility for redevelopment or immediate occupancy.
CapitaLand Ascendas REIT sees SG occupancy sink in Q1
This was partially offset by higher occupancy rates at an industrial and business property.
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Commentary
SG60: What the next 10 years have in store for Singapore’s investment landscape